Calculate the economic growth rate if GDP was textsterling60 billion in Year 1 and textsterling63 billion in Year 2.

ECONOMIC GROWTH

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Calculate the economic growth rate if GDP was £60 billion in Year 1 and £63 billion in Year 2.

A	1%
B	5%
C	10%
D	15%

Explanation:

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ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC GROWTH